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Some Good News: Drilling Leases Are Expiring DON’T RESIGN!

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Piedmont Earth First!

Early speculators let drilling leases lapse as NC fracking prospects remain uncertain

jmurawski@newsobserver.comApril 8, 2014 

Four years after North Carolina’s initial fracking boomlet, less than half of Lee County’s drilling leases remain under contract as those legal agreements expire and are not being renewed.

Initial energy speculators are losing interest in North Carolina and moving on to surer prospects in other states where fracking is already underway.

Most recently, Whitmar Exploration walked away from drilling rights to 2,716 acres, according to filings made last week with the Lee County Register of Deeds.

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About Duffernutter (277 Articles)
John is a commercial photographer whose passion is to create unique original photography for the community. John is based in Seattle, Washington, where he photographs the work of architects, interior designers, stylists, landscape architects, furniture designers and many other artists. As the Partner of an architect, he has an amazing ability to see and feel the unique qualities of any location. John's photography style is a close-up approach that gives you the feel that you are apart of the interior. With eight years of professional experience enjoying my time as a photographer, videographer and editor I have successfully collaborated with Sage News, The Nation, Climate Desk, Waging Nonviolence, Grist, Popular Resistance, and Examiner.com.

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